Dutch Bros (NYSE:BROS) Major Shareholder Sells 142,023 Shares of Stock

Key Points

• Major shareholder Dm Individual Aggregator sold 142,023 Dutch Bros shares at an average price of $44.03, generating approximately $6.25 million. The sale reduced its position by 6.02%, leaving it with 2.22 million shares, and was executed under a Rule 10b5-1 trading plan.
• Dutch Bros shares fell 2.4% to $42.92, near the stock’s 52-week low relative to its $74.02 high. Despite the decline, the company recently exceeded quarterly earnings and revenue expectations, with revenue up 32.5% year over year.
• Analysts remain broadly positive, with a consensus rating of “Moderate Buy” and an average price target of $66.44, although several firms recently reduced their targets amid more cautious valuation expectations.

Dutch Bros Inc. (NYSE:BROS - Get Free Report) major shareholder Dm Individual Aggregator, Llc sold 142,023 shares of the stock in a transaction that occurred on Thursday, October 29th. The stock was sold at an average price of $44.03, for a total transaction of $6,253,272.69. Following the completion of the sale, the insider owned 2,218,068 shares of the company's stock, valued at approximately $97,661,534.04. The trade was a 6.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.

Dm Individual Aggregator, Llc also recently made the following trade(s):

• On Tuesday, October 20th, Dm Individual Aggregator, Llc sold 50,709 shares of Dutch Bros stock. The shares were sold at an average price of $44.01, for a total transaction of $2,231,703.09.

Dutch Bros Stock Down 2.4%

BROS stock traded down $1.06 during mid-day trading on Friday, hitting $42.92. The stock had a trading volume of 3,494,170 shares, compared to its average volume of 4,297,296. The company has a current ratio of 1.35, a quick ratio of 1.19 and a debt-to-equity ratio of 0.20. Dutch Bros Inc. has a 1-year low of $36.51 and a 1-year high of $74.02. The company has a fifty day moving average of $42.67 and a 200 day moving average of $53.52. The stock has a market capitalization of $7.50 billion, a price-to-earnings ratio of 59.61, a PEG ratio of 1.34 and a beta of 2.31.

Dutch Bros (NYSE:BROS - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of $0.29 by $0.04. The company had revenue of $550.85 million during the quarter, compared to the consensus estimate of $525.38 million. Dutch Bros had a return on equity of 10.01% and a net margin of 4.91%. The business's quarterly revenue was up 32.5% on a year-over-year basis. During the same period last year, the business earned $0.26 EPS. On average, equities analysts expect that Dutch Bros Inc. will post 0.88 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Jefferies Financial Group reduced their target price on shares of Dutch Bros from $75.00 to $60.00 and set an "overweight" rating for the company in a research note on Tuesday, September 29th. JPMorgan Chase & Co. cut their price target on shares of Dutch Bros from $75.00 to $60.00 and set an "overweight" rating on the stock in a report on Tuesday, September 29th. TD Cowen reduced their price objective on shares of Dutch Bros from $59.00 to $55.00 and set a "buy" rating for the company in a research note on Wednesday, October 21st. UBS Group decreased their price objective on shares of Dutch Bros from $85.00 to $75.00 and set a "buy" rating for the company in a report on Monday. Finally, KeyCorp lowered their target price on shares of Dutch Bros from $79.00 to $59.00 and set an "overweight" rating on the stock in a research report on Friday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $66.44.

Key Dutch Bros News

Here are the key news stories impacting Dutch Bros this week:

• Positive Sentiment: Dutch Bros continues expanding its drive-thru footprint and is reportedly entering three additional cities. Continued unit growth supports the company’s long-term revenue opportunity, although expansion also requires substantial investment. Dutch Bros is expanding to 3 cities
• Positive Sentiment: Mizuho retained its “outperform” rating and set a revised $65 price target, which remains materially above the referenced share price. The continued bullish rating suggests the analyst sees growth potential despite the target reduction. Mizuho changes Dutch Bros price target
• Neutral Sentiment: Dutch Bros is attracting elevated attention on Zacks, but the report primarily recaps factors investors should monitor rather than announcing a new catalyst. Dutch Bros attracting investor attention
• Neutral Sentiment: Recent comparisons with Monster Beverage and Wendy’s focus on Dutch Bros’ faster expansion versus competitors’ profitability, distribution, or turnaround prospects. These articles may raise visibility but do not change the company’s fundamentals. Dutch Bros versus Monster Beverage
• Neutral Sentiment: The company raised $160,000 for an Oregon elementary school. The effort is favorable for community goodwill but is unlikely to materially affect earnings or valuation. Dutch Bros raises $160,000
• Negative Sentiment: Mizuho lowered its price target from $80 to $65. Although the analyst remains positive, the 19% target reduction may weigh on sentiment and signals more cautious expectations for valuation or growth. Mizuho lowers Dutch Bros price target
• Negative Sentiment: A vehicle crashed into the Fair Oaks location, temporarily closing the store. The incident appears isolated, but could cause short-term disruption and repair costs. Fair Oaks Dutch Bros closed after crash

Hedge Funds Weigh In On Dutch Bros

Several large investors have recently made changes to their positions in BROS. Oregon Public Employees Retirement Fund grew its holdings in Dutch Bros by 1.9% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 26,900 shares of the company's stock valued at $1,037,000 after buying an additional 500 shares during the last quarter. State of Wyoming acquired a new position in shares of Dutch Bros during the third quarter worth approximately $66,000. D.A. Davidson & CO. boosted its position in shares of Dutch Bros by 29.2% in the third quarter. D.A. Davidson & CO. now owns 76,369 shares of the company's stock valued at $2,945,000 after acquiring an additional 17,247 shares during the period. Verdence Capital Advisors LLC bought a new stake in shares of Dutch Bros in the third quarter valued at approximately $420,000. Finally, MN Wealth Advisors LLC bought a new stake in shares of Dutch Bros in the third quarter valued at approximately $215,000. Institutional investors and hedge funds own 85.54% of the company's stock.

Dutch Bros Company Profile

Dutch Bros Inc is a drive-thru beverage company that operates and franchises coffee shops across the United States. The company is known for its made-to-order drinks, fast service and community-focused brand.

Its menu includes hot, iced and blended coffee beverages, along with specialty drinks such as energy drinks, teas, lemonades, smoothies and other noncoffee refreshments. Dutch Bros also offers packaged products and branded merchandise through select locations and digital channels.

Dutch Bros was founded in 1992 in Grants Pass, Oregon, by brothers Dane and Travis Boersma.

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